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McDonald's Expands All-Day Breakfast Experiment
Friday, June 19, 2015 - 1:18pm | 370All-day biscuit sandwiches may soon be coming to a town near you. McDonald's Corporation (NYSE: MCD) recently announced its plans to expand its all-day breakfast test to include over 100 locations in the Southeast. New Markets Following the success of its initial all-day breakfast campaign...
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Cramer: McDonald's Is A Buy More Than Any Other Stock In The Dow
Friday, May 8, 2015 - 2:51pm | 372McDonald's Corporation (NYSE: MCD) declared its global comp sales for April earlier on Friday, which were much better than analysts' expectations. While the Street was expecting a decline of 1.8 percent, the company reported a decline of just 0.6 percent. CNBC’s Jim Cramer recently...
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McDonald's Reports Better-Than-Expected Global Comps In April
Friday, May 8, 2015 - 9:41am | 282McDonald's Corporation (NYSE: MCD) on Friday reported its global comparable-store sales fell 0.6 percent in April, exceeding the 1.8 percent decline analysts were expecting. By region, U.S. comparable sales fell 2.3 percent, Europe comparable sales rose 1 percent while Asia/Pacific Middle East and...
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UBS: Look For This At McDonald's
Tuesday, May 5, 2015 - 10:28am | 265In a report published Monday, UBS analyst Keith Siegner argued that McDonald's Corporation (NYSE: MCD)'s restructuring announcement is a "good start" but the timing of progress against financial strategic initiatives was slower than some had happened. "As we expected, McDonald's financial strategic...
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McDonald's Turnaround Restructuring Plan Broken Down
Monday, May 4, 2015 - 8:56am | 540McDonald's Corporation (NYSE: MCD) on Monday announced "initial steps" of a turnaround plan which includes a restructuring of McDonald's worldwide business and financial updates. "Today we are announcing the initial steps to reset and turn around our business,"...
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Cramer: Easterbrook Can Turn McDonald's Around
Wednesday, April 22, 2015 - 4:59pm | 303Although McDonald's Corporation (NYSE: MCD) came out with worse than expected first quarter earnings earlier on Wednesday. CNBC’s Jim Cramer was seen weighing in on McDonald’s results and praising the company’s CEO. Giving Hope “This was not a bad quarter,...
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McDonald's Investors: Credit Suisse Just Issued A New Neutral Rating
Wednesday, March 11, 2015 - 11:19am | 426Credit Suisse initiated coverage on McDonald's Corporation (NYSE: MCD) Wednesday with a Neutral rating and $99 price target. Analysts led by Jason West commented that the price target implied a 12x NTM EV/EBITDA which recognized the "stability" of the company's franchised...
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Bank Of America Says 'Change Is In The Air' At McDonald's, Stock Now Worth $112
Tuesday, March 3, 2015 - 10:37am | 254In a report published Monday evening, Bank Of America analyst Joseph Buckley argued that investor interest in McDonald's Corporation (NYSE: MCD) has increased following the appointment of its new CEO Steve Easterbrook. Easterbrook views himself as an "internal activist" and while Buckley noted it...
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Brian Sozzi Knows Why McDonald's Showed Its Embattled CEO The Door
Thursday, January 29, 2015 - 11:59am | 302McDonald's Corporation (NYSE: MCD) announced on Wednesday evening that its Chairman and CEO Don Thompson will retire on March 1 after less than three years on the job. Steve Easterbrook, the company's chief brand officer, will assume top ranks. Brian Sozzi of Belus Capital Advisers...